3rd World Banking Documentry
Description
Vocal Characteristics
Language
EnglishVoice Age
Young Adult (18-35)Accents
British (General)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
Uganda is among the fastest growing African economies. Still, millions of people live in poverty and lack access to basic financial products and services. Centenary Bank reaches out to all Ugandans by bringing people into the financial system. The bank spurs social and economic development Group Savings play an important role to reach people who don't have access to finance a group of people safe together and take out small loans from those savings. Centenary Bank offers them financial training and a free banking account. Withy saving groups. Centenary Bank brings people into the financial system once they have opened a banking account, get financially educated and gain experience is an entrepreneur. They can apply for a larger individual loan with Centenary Bank. Centenary Bank uses innovative new channels to increase its outreach. For example, through agent banking, a mobile banking agent, banking is simply third party banking. Centenary Bank has selected and appraised over 4000 agents, which it calls Centre agents. Here, customers can carry out banking transactions. Close to home Centre Mobile is Centenary Banks Mobile Banking platform. It is the easiest way for people to pay their monthly bills on the school fees for their Children. For example,